As indicated by A, KLCI dropped 3.59 pt, failing to break above last week's high of 1179.08 pt; however, KLCI remained supported by 1163 pt Fibonacci Retracement (FR) , therefore, FR is major support level of KLCI, while the resistance stood at 1186 pt Fibonacci Retracement.
As shown in the chart, Bollinger Bands (BB) further contracted 20%, this indicates that the KLCI is in a consolidation stage. Usually the KLCI will continue to consolidate until the BB begins to expand, if the KLCI should remain above the Bollinger Middle Band (BMB), KLCI would have a chance to continue its uptrend again; on the other hand, if KLCI should fall below the BMB when the BB expands, it would mark the end of the KLCI uptrend, and KLCI will be expected to decline further.
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As indicated by B, volume traded decline 36.7%, and as a result volume fell below the 40 days Volume Moving Average (VMA) again, this is the sign that investors are still being cautious, while waiting for some fresh leads.
As circled at C, the MACD Histogram continue to decline, this is a sign suggesting that KLCI is still in consolidation mode. If the rate of decline should reduce, it implies that KLCI consolidation may be ending soon; if the Histogram should move up, it would form a Rounding Bottom, which is a confirmation of KLCI short term up trend.
Without the confidence of the market being fully restored, the KLCI is still in consolidation mode; fortunately, the KLCI is still supported by the BMB, which mean when BB begins to widen, KLCI will turn into an uptrend. Therefore, BMB is a very important Dynamic Support at the moment, and if the KLCI should fall below the BMB, KLCI is less likely to rally.
As shown in the chart, Bollinger Bands (BB) further contracted 20%, this indicates that the KLCI is in a consolidation stage. Usually the KLCI will continue to consolidate until the BB begins to expand, if the KLCI should remain above the Bollinger Middle Band (BMB), KLCI would have a chance to continue its uptrend again; on the other hand, if KLCI should fall below the BMB when the BB expands, it would mark the end of the KLCI uptrend, and KLCI will be expected to decline further.
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As indicated by B, volume traded decline 36.7%, and as a result volume fell below the 40 days Volume Moving Average (VMA) again, this is the sign that investors are still being cautious, while waiting for some fresh leads.As circled at C, the MACD Histogram continue to decline, this is a sign suggesting that KLCI is still in consolidation mode. If the rate of decline should reduce, it implies that KLCI consolidation may be ending soon; if the Histogram should move up, it would form a Rounding Bottom, which is a confirmation of KLCI short term up trend.
Without the confidence of the market being fully restored, the KLCI is still in consolidation mode; fortunately, the KLCI is still supported by the BMB, which mean when BB begins to widen, KLCI will turn into an uptrend. Therefore, BMB is a very important Dynamic Support at the moment, and if the KLCI should fall below the BMB, KLCI is less likely to rally.
综合指数 2009年 8月 3日
如图中箭头A所示，富时综合指数微跌3.59点，依然未能突破上周三的1179.08点最高水平，无论如何，综指依然在1163点获得扶持，所以这胜图自动费氏线继续的成为综指当前的主要支持水平，阻力水平则是1186点的胜图自动费氏线。
如图所示，布林频带（Bollinger Band）进一步收窄（-20%），这表示综指目前继续的处于调整巩固的格局中。通常综指将继续进行盘整，直到布林频带重新打开为止，届时若综指仍然处于布林中频带（Bollinger Middle Band）以上，综指将有望恢复涨势，重新上扬；反之若综指跌破了布林中频带，综指的涨势将结束，开始转弱的走势。
如图中箭头B所示，马股总成交量减少36.7%，使到成交量再度低于40天成交量移动平均线（VMA），这意味着市场仍然谨慎看待综指的后市，投资者并未冒然进场，等待市场进一步的明朗化。
如图中C圈所示，平均乖离的振荡指标（MACD Histogram）仍然下滑，无论如何若振荡指标下滑的速度开始缓慢下来的话，那综指的调整将有望结束，而当振荡指标开始上扬时，那振荡指标将形成期待已久的圆底（Rounding Bottom）讯号，这是综指短期转为上扬趋势的确认讯号。
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综指进一步的调整巩固，这显示投资者对市场还未完全恢复信心，惟综指依然处于布林中频带以上，这表示只要布林频带接下来开始打开，综指将有望转为上扬的趋势，换句话说，布林中频带是综指目前重要的动态支持线，综指跌破了布林中频带将意味综指短期内无望恢复上扬的趋势。
如图所示，布林频带（Bollinger Band）进一步收窄（-20%），这表示综指目前继续的处于调整巩固的格局中。通常综指将继续进行盘整，直到布林频带重新打开为止，届时若综指仍然处于布林中频带（Bollinger Middle Band）以上，综指将有望恢复涨势，重新上扬；反之若综指跌破了布林中频带，综指的涨势将结束，开始转弱的走势。
如图中箭头B所示，马股总成交量减少36.7%，使到成交量再度低于40天成交量移动平均线（VMA），这意味着市场仍然谨慎看待综指的后市，投资者并未冒然进场，等待市场进一步的明朗化。
如图中C圈所示，平均乖离的振荡指标（MACD Histogram）仍然下滑，无论如何若振荡指标下滑的速度开始缓慢下来的话，那综指的调整将有望结束，而当振荡指标开始上扬时，那振荡指标将形成期待已久的圆底（Rounding Bottom）讯号，这是综指短期转为上扬趋势的确认讯号。
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综指进一步的调整巩固，这显示投资者对市场还未完全恢复信心，惟综指依然处于布林中频带以上，这表示只要布林频带接下来开始打开，综指将有望转为上扬的趋势，换句话说，布林中频带是综指目前重要的动态支持线，综指跌破了布林中频带将意味综指短期内无望恢复上扬的趋势。
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